Tuesday, November 29, 2022
 

SHIB And DOGE Sees Huge Corrections After Reaching Their Tops

  • Things for Dogecoin (DOGE), and Shiba Inu (SHIB) have been dying down over the last few days.
  • Whales were once again able to foreshadow the ideal profit-taking moments.
  • SHIB is now trading at $0.00001343 after a 10.04% decline in price. 

According to data from the blockchain analysis firm, Santiment, things for Dogecoin (DOGE) and Shiba Inu (SHIB) have been dying down over the last few days. The data from Santiment indicates that DOGE and SHIB have both experienced major price corrections after their respective Tuesday and Sunday tops.

Dogecoin & Shiba Inu Whale Transactions (Source: Santiment)

In addition to this, it seems like the whales were once again able to foreshadow the ideal profit-taking moments when their large transactions exploded on each network.

Both SHIB and DOGE saw more than 100,000 transactions on the correlated days of their tops, right before the cryptos’ price corrections.

DOGE / TetherUS 1D (Source: CoinMarketCap)

DOGE still rounds off the top 10 biggest cryptocurrencies by market cap, according to CoinMarketCap. This places DOGE right behind Solana (SOL) in the 9th position on the list.

At the moment, DOGE is trading at $0.07421 after a 8.49% drop in price over the last day. DOGE is still, however, up 4.29% over the last seven days.

In terms of market cap, DOGE is currently standing at $9,847,857,389. DOGE’s trading volume is also currently down 9.41% to now stand at $762,569,287.

SHIB / TetherUS 1D (Source: CoinMarketCap)

SHIB is currently the 12th biggest crypto in terms of market cap, which places it right behind Polkadot (DOT) in the 11th position and in front of DAI in the 13th position on the list of biggest cryptos.

SHIB is now trading at $0.00001343 after a 10.04% decline in price over the last 24 hours. However, SHIB is still up about 8.53% over the last two weeks.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of Coin Edition. No information in this article should be interpreted as investment advice. Coin Edition encourages all users to do their own research before investing in cryptocurrencies.

  • Things for Dogecoin (DOGE), and Shiba Inu (SHIB) have been dying down over the last few days.
  • Whales were once again able to foreshadow the ideal profit-taking moments.
  • SHIB is now trading at $0.00001343 after a 10.04% decline in price. 

According to data from the blockchain analysis firm, Santiment, things for Dogecoin (DOGE) and Shiba Inu (SHIB) have been dying down over the last few days. The data from Santiment indicates that DOGE and SHIB have both experienced major price corrections after their respective Tuesday and Sunday tops.

Dogecoin & Shiba Inu Whale Transactions (Source: Santiment)

In addition to this, it seems like the whales were once again able to foreshadow the ideal profit-taking moments when their large transactions exploded on each network.

Both SHIB and DOGE saw more than 100,000 transactions on the correlated days of their tops, right before the cryptos’ price corrections.

DOGE / TetherUS 1D (Source: CoinMarketCap)

DOGE still rounds off the top 10 biggest cryptocurrencies by market cap, according to CoinMarketCap. This places DOGE right behind Solana (SOL) in the 9th position on the list.

At the moment, DOGE is trading at $0.07421 after a 8.49% drop in price over the last day. DOGE is still, however, up 4.29% over the last seven days.

In terms of market cap, DOGE is currently standing at $9,847,857,389. DOGE’s trading volume is also currently down 9.41% to now stand at $762,569,287.

SHIB / TetherUS 1D (Source: CoinMarketCap)

SHIB is currently the 12th biggest crypto in terms of market cap, which places it right behind Polkadot (DOT) in the 11th position and in front of DAI in the 13th position on the list of biggest cryptos.

SHIB is now trading at $0.00001343 after a 10.04% decline in price over the last 24 hours. However, SHIB is still up about 8.53% over the last two weeks.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of Coin Edition. No information in this article should be interpreted as investment advice. Coin Edition encourages all users to do their own research before investing in cryptocurrencies.

 

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